It’s only hours away from the launch of GBPBOT, the next major FX Robot to hit the market after the Forex Robot World Cup. The good news is that it doesn’t seem to be associated with the creators of USDBOT, which means it’s not just the USDBOT guys rolling out a lesser product that didn’t make their USDBOT launch.

So, what’s different about GDPBOT?

GDPBOT combines 9 standard Forex EAs into one trading robot that automatically trades in 3 currency pairs using multiple strategies.

With this type of activity I’d expect the win rate to be around the 70-80% mark as it takes a special EA to trade frequently as well as accurately.

How accurate is it?

The live statements they have on their site for March show a 100% track record with only one open trade in a small drawdown… Impressive to say the least!

However, they claim a win rate of 98.44% which is exceptionally high but at the same time matches up with what their live statement shows. One thing I noticed was that although they quote this figure there is no timeframe attached to it. I say this because it could be 98.44% accurate over just one month. So, hopefully we see some significant back test results up on their site soon.

Should I order a copy?

Always a tricky one to answer as back testing and forward testing the product is really the only way to see if it’s going to work. Your best bet is to keep an eye on the live accounts they have on the site and see how they react over the next few days… are they genuine? do they appear to change regularly? or could they be doctored?